DEBT ADVICE & SOLUTIONS
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help put YOU back in control
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The answer is Clear
If you have debt problems and want to know your options, simply contact us using the form above for help and impartial advice. We have a comprehensive range of debt solutions and can provide the right one for you.
What is Clear Financial Solutions?
Clear Financial Solutions provides professional debt advice. It’s our job to help people who find themselves in financial difficulties – for whatever reason – whether they’re private individuals, sole traders or businesses. We’re based in Liverpool and provide help across the UK.
With years of professional experience, our specialists at Clear Financial Solutions will explore every available option before making a recommendation. And once a debt solution is agreed, we promise to hold your hand every step of the way. We are always available to talk on the phone or via email and can even visit you at home.
At Clear Financial Solutions we pride ourselves on offering individual solutions to debt problems. Everyone’s financial circumstances are different – and it’s in our interest to help people rid themselves of debt in the best way possible for them.
If you spend some time looking around our site using the links on the left, you’ll see there are many debt solutions offered by Clear Financial Solutions. Our team can provide you with a tailor-made solution by combining a range of tools to meet your circumstances.
Personal Debt Solutions
Some types of debt are best dealt with one way – others are beaten with a different approach. Clear Financial Solutions takes all of the following into consideration:
Administration Order - a court order made to cover your outstanding debts. You make monthly payments to the court (including a 10% charge to cover costs) and it distributes that money among your creditors.
To qualify you'’ll need at least one County Court Judgment (or High Court Judgment) issued against you, two creditors and total debt under £5,000.Debt Management Plan - an informal arrangement between you and your unsecured creditors as administered by Clear Financial Solutions.
One of our debt advisers will work out a repayment offer and you will still have sufficient funds to live on. The rest is evenly distributed between your creditors.
Individual Voluntary Arrangement (IVA) - a formal and legally binding arrangement between you and your creditors, supervised by an insolvency practitioner.
You make one affordable monthly payment during a fixed time period – usually 5 years.
Debt Consolidation - if you’re unable to find the most competitive rates on the market, Clear Financial Solutions’ panel of brokers can. They specialise in debt consolidation loans and re-mortgaging solutions, regardless of your financial circumstances.
Bankruptcy Assistance - filing for bankruptcy is one way of dealing with debts you cannot pay.
Our team of professionals can assist you with advice and suitable solutions to get you through the process – and have already assisted hundreds of people to petition for bankruptcy.
Debt Relief Order - these help individuals who have a low monthly income. To qualify you’ll need to owe up to £15,000 of unsecured debt and not own any property (or have assets of £300 or less). You’ll also need to have a disposable monthly income of £50 or less, after essential costs.
Debt Solutions for Businesses
Clear Financial Solutions has extensive experience working with businesses in debt.
We offer a range of rescue and turnaround options on behalf of companies, partnerships and individuals who find the viability of their business in doubt:
Informal Agreements – our partners will work alongside you to stabilise your business, reaching agreements with creditors on debt repayment.
Formal Agreements – UK insolvency legislation provides two kinds of 'formal' protection for companies in difficulty:
1. Company Voluntary Arrangement (CVA) – this allows a company to reach a binding arrangement with creditors based on a 75% majority vote of voting creditors.
2. Administration – places the company under the control of a licensed Administrator. Once the future of the business has been agreed by all parties the Administrator returns executive control of the business.
Liquidations – there are situations where a company cannot be saved, or in which liquidation (ending a business) offers the best solution for all concerned parties.
For more information read our business debt problems page.
What next?
Get professional debt advice from Clear Financial Solutions
Just contact us by either:
- Calling 0845 1120 570
- Filling in our contact form and we will call you back.
